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Feb 16, 2013
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when we come back, jack lew's cayman island investment. president obama once called it a notorious tax scam and mitt romney paid a political price for his accounts there. but will jack lew? ♪ [ slap! ] [ slap! slap! slap! slap! ] ow! ow! [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you had heartburn. ♪ tum tum tum tum tums >> jack lew, president obama's pick for treasury secretary faced questions on capitol hill this week about his tenure as a top executive at citigroup, the too big to fail bank that received a 45 million dollar taxpayer bailout. members of the finance committee pressed the former white house chief of staff about an almost 1 million dollar bonus he took home from citi in early 2005. as well as his investment in a venture capital fund registered in the cayman islands. >> why is the investment in the cayman islands? >> senator, i actually don't know why it was organized. i was not involved in setting up the fund. >> did you pay taxe
when we come back, jack lew's cayman island investment. president obama once called it a notorious tax scam and mitt romney paid a political price for his accounts there. but will jack lew? ♪ [ slap! ] [ slap! slap! slap! slap! ] ow! ow! [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you had heartburn. ♪ tum tum tum tum tums >> jack lew, president obama's pick for treasury secretary faced questions...
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Feb 17, 2013
02/13
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but will jack lew? [ woman ] ring. ring. progresso. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. sleep number. comfort ... individualized. right now, queen mattresses start at just $599 . and save 50% on our limited edition bed-plus special offers through monday. >> jack lew, president obama's pick for treasury secretary faced questions on capitol hill this week about his tenure as a top executive at citigroup, the too big to fail bank that received a 45 million dollar taxpayer bailout. members of the finance comm
but will jack lew? [ woman ] ring. ring. progresso. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs...
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Feb 13, 2013
02/13
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jack lew to be the next treasury secretary. he has talked about his bank account in the cayman islands, he has addressed this tenure at citigroup. rich@is following it very closely. rich will join us a little bit later on this hour. dagen: it is now time to make money with charles payne. charles: monster energy drinks. there are a lot of allegations. people are dying and hospitalized. it has had a serious impact. the margins were under a little bit of pressure. relatively great evaluation. acting great today. dagen: i have one thing, though, the fda increasingly looks very eager to regulate the energy drink business. if that happens, even years from now, what will the impact be? charles: it depends on what the impact and regulation will be. this stock goes significantly higher, i think it takes off. i am looking for a trade. it is at a downtrend. a close above 50 would be a bicycle. dagen: thank you. i am not saying how many energy drinks i have had in one day. connell: today, for example. dagen: not today. my most consumed in
jack lew to be the next treasury secretary. he has talked about his bank account in the cayman islands, he has addressed this tenure at citigroup. rich@is following it very closely. rich will join us a little bit later on this hour. dagen: it is now time to make money with charles payne. charles: monster energy drinks. there are a lot of allegations. people are dying and hospitalized. it has had a serious impact. the margins were under a little bit of pressure. relatively great evaluation....
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Feb 13, 2013
02/13
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but we expect jack lew will get through here. the questions and answers should be interesting in the meantime. >> later on this morning, we'll talk to mike mayo on the impact on banks, if in fact lew is confirmed. aym eamon, thanks a lot. >>> the president has spoken. now it's art cashin's turn. find out what he's expecting from today's trading as we count down to the opening bell. republican congresswoman marsha blackburn of tennessee gives her take on the state of the union address. take a look at the futures, get a sense of where we are this morning. we're not looking too bad. more "squawk on the street" from the nyse straight ahead. i know what you're thinking... transit fares! as in the 37 billion transit fares we help collect each year. no? oh, right. you're thinking of the 1.6 million daily customer care interactions xerox handles. or the 900 million health insurance claims we process. so, it's no surprise to you that companies depend on today's xerox for services that simplify how work gets done. which is...pretty much wh
but we expect jack lew will get through here. the questions and answers should be interesting in the meantime. >> later on this morning, we'll talk to mike mayo on the impact on banks, if in fact lew is confirmed. aym eamon, thanks a lot. >>> the president has spoken. now it's art cashin's turn. find out what he's expecting from today's trading as we count down to the opening bell. republican congresswoman marsha blackburn of tennessee gives her take on the state of the union...
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Feb 15, 2013
02/13
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unfortunately, jack lew is being hoisted on barack obama's class warfare pi tard. we'll talk about that a little later in the show. please stay with us. s. all right that's a fifth-floor probleok.. not in my house! ha ha ha! ha ha ha! no no no! not today! ha ha ha! ha ha ha! jimmy how happy are folks who save hundreds of dollars switching to geico? happier than dikembe mutumbo blocking a shot. get happy. get geico. fifteen minutes could save you fifteen percent or more. >>> it looks like the cruise from hell is about to end for the 4,200 people aboard the carnival "triumph." it should make land in a few more hours but this will not be the end of the story for the company. we have a live report on this still developing story in just a few minutes. please stay with us. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero he
unfortunately, jack lew is being hoisted on barack obama's class warfare pi tard. we'll talk about that a little later in the show. please stay with us. s. all right that's a fifth-floor probleok.. not in my house! ha ha ha! ha ha ha! no no no! not today! ha ha ha! ha ha ha! jimmy how happy are folks who save hundreds of dollars switching to geico? happier than dikembe mutumbo blocking a shot. get happy. get geico. fifteen minutes could save you fifteen percent or more. >>> it looks...
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Feb 14, 2013
02/13
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lou: quite a statement from jack lew. let alone economists will be going through that one for awhole. the president renewing his calls for immigration reform during the state of the union address. the department of homeland security today add mything, however, it has not kept track of illegal immigrants dependent on welfare after beginning entry. dhs was responding to an august request from four republican senators, and they admitted they initiated -- they being dhs, initiated one case against an illegal imgrant on welfare last year, but it was later dropped making it 11 years without pursuing a case. there was a letter released on immigration reform today. fox news correspondent has our report, doug? >> that's right, lou. today's hearing on immigration reform was the first such comprehensive hearing since a bipartisan group of senators for republicans and for democrats reported progress in crafting comprehensive immigration reform. that package is gaining broad support and not a moment too soon. there was an earlful from
lou: quite a statement from jack lew. let alone economists will be going through that one for awhole. the president renewing his calls for immigration reform during the state of the union address. the department of homeland security today add mything, however, it has not kept track of illegal immigrants dependent on welfare after beginning entry. dhs was responding to an august request from four republican senators, and they admitted they initiated -- they being dhs, initiated one case against...
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Feb 13, 2013
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. >>> plus jack lew, the president's nominee to lead the treasury was in the hot seat today facing a grilling from the senate from everything from his role at citibank and yes, his investments in the cayman islands. we're live on capitol hill. stay with us. ♪ . she knows you like no one else. and you wouldn't have it any other way. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical he
. >>> plus jack lew, the president's nominee to lead the treasury was in the hot seat today facing a grilling from the senate from everything from his role at citibank and yes, his investments in the cayman islands. we're live on capitol hill. stay with us. ♪ . she knows you like no one else. and you wouldn't have it any other way. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's...
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Feb 14, 2013
02/13
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we'll get to jack lew's confirmation in a moment. first the cbo director douglas elmendorf testimony. he warned of the sequester could cost 750,000 jobs. >> could you tell me in terms of the negative economic impact of the sequester, the .6%, what does that translate in point of lost jobs? >> our estimate is that the sequester alone would reduce gdp growth this year by zero point six percentage points. it would lower that gdp at the end of the year. we think that would reduce by about 750,000 jobs. >> 750,000 jobs between now and the end of 2013, right? >> right. >> that is a whole lot of jobs. we should be working overtime to prevent that kind of job loss. if you were to replace the deficit reduction through that austerity program, the cuts to the sequester with a plan that accomplishes the same amount of deficit reduction spread over the 10 year period, you would not have that hit on jobs? >> right. >> our analysis, the republican leader, mr. cantor had it right last september when he said that if we allowed the sequester to take p
we'll get to jack lew's confirmation in a moment. first the cbo director douglas elmendorf testimony. he warned of the sequester could cost 750,000 jobs. >> could you tell me in terms of the negative economic impact of the sequester, the .6%, what does that translate in point of lost jobs? >> our estimate is that the sequester alone would reduce gdp growth this year by zero point six percentage points. it would lower that gdp at the end of the year. we think that would reduce by...
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Feb 14, 2013
02/13
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jack lew is the guy now going through the confirmation process. do you know him, and what you know of him, do you think he would make a good treasury secretary? i ask you this because the day it was announced that timothy geithner was the treasury secretary, we were in omaha with you, and you commented on him. >> caller: that's right. tim was a terrific treasury secretary. the country owes him a lot. i don't know jack lew, never met him. i'm glad -- i -- liz: and you love the way he marks brands. your newspaper business has been growing pretty exponentially lately. you believe in print. i'm glad you do. we have a lot of friends in the news corporation, but as you know, there's been discussion about time inc floating magazines. you're telling me -- "people" magazine fits into your metrics of having competitiveness and this ability to have a great brand. you want "people" magazine? >> caller: i read the newspapers, but i don't read "people." liz: put yourself on the cover of the sexy men issue. >> caller: yeah, well, maybe we can have a swim suit is
jack lew is the guy now going through the confirmation process. do you know him, and what you know of him, do you think he would make a good treasury secretary? i ask you this because the day it was announced that timothy geithner was the treasury secretary, we were in omaha with you, and you commented on him. >> caller: that's right. tim was a terrific treasury secretary. the country owes him a lot. i don't know jack lew, never met him. i'm glad -- i -- liz: and you love the way he marks...
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Feb 14, 2013
02/13
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treasury secretary pick jack lew is still awaiting confirmation from congress. yesterday, during a confirmation hearingm lew was questioned by lawmakers. lew addressed the upcoming sequestration cuts set for march 1st, and said tax reforms should be at the top of the agenda for capitol hill. the q&a also focused on lew's role at citigroup, where he served as chief operating officer before leaving in 2008. when asked about receiving a million- dollar bonus, lew had this to say: "senator, in 2008 i was an employee in the private sector. i was compensated in a manner consistent with other people who did the kind of work i did in the industry, and i was compensated for my work. i'll leave that for others to judge." a vote on lew's confirmation is expected toward the end of the month. the u.s. postmaster general is now pleading with congress to take steps that will stablize the struggling postal service. "we need your help to pass legislation that allows for more revenue generation and efficient, effective cost control and fundamental changes to our business model."
treasury secretary pick jack lew is still awaiting confirmation from congress. yesterday, during a confirmation hearingm lew was questioned by lawmakers. lew addressed the upcoming sequestration cuts set for march 1st, and said tax reforms should be at the top of the agenda for capitol hill. the q&a also focused on lew's role at citigroup, where he served as chief operating officer before leaving in 2008. when asked about receiving a million- dollar bonus, lew had this to say:...
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Feb 12, 2013
02/13
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lew at the time? speak o>> the fascinating thinge is that he had a pretty administrative rule, he wasn't in investments, no client advisory work for one hand everybody saying he is too much of a banker, too close to wall street and on the other hand he is not enough of a banker, not enough to wall street to my view is generally if you're getting hit by both sides you're about in the right place. cheryl: tim geithner's response with the banks have helped them. thank you very much. denis. dennis: 15 minutes until the hour. nicole petallides live from the new york stock exchange. the dow at a session high. nicole: taking a look, 14,016, certainly back above the 14,000 mark, one third of 1% testing some of our recent highs. look at some of the names that have been moving. look at apple, ceo tim cook was speaking at the goldman sachs conference. he says how it is bizarre, the whole thing was a little unstained. they do use it on a lot of cash, barclays announcing layoffs of 8.5%, avon products are cutting
lew at the time? speak o>> the fascinating thinge is that he had a pretty administrative rule, he wasn't in investments, no client advisory work for one hand everybody saying he is too much of a banker, too close to wall street and on the other hand he is not enough of a banker, not enough to wall street to my view is generally if you're getting hit by both sides you're about in the right place. cheryl: tim geithner's response with the banks have helped them. thank you very much. denis....
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he didn't talk to brennan or jack lew or dempsey or panetta in the evening. he never called to say how are we doing? he was disengaged. he turned to romney and say i send these people in harm's way and i know the families he was letting us believe he was hands on. frank lil, seems to be it was detached. >> bret: i want to listen to what the president said today on the topic regarding benghazi. take a listen. >> this is the most transparent administration in history. there are a handful of issues around security where people have legitimate questions and they are still concerned about whether or not we have all the information we need. benghazi by the way is not a good example of that. that was largely driven by campaign stuff because everything about that we have had more testimony and more paper provided to congress than ever before. congress is running out of things to ask. >> i want to play again, hillary clinton from her testimony. we have heard this before. listen again. i want you to react to it. >> with all due respect we have four dead americans. is i
he didn't talk to brennan or jack lew or dempsey or panetta in the evening. he never called to say how are we doing? he was disengaged. he turned to romney and say i send these people in harm's way and i know the families he was letting us believe he was hands on. frank lil, seems to be it was detached. >> bret: i want to listen to what the president said today on the topic regarding benghazi. take a listen. >> this is the most transparent administration in history. there are a...
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there is no straighter shooter than jack lew. he is one of the most honorable, honest, and decent men in washington. when he gives you facts, they are backed up with research. from the time i knew jack when he started in tip o'neill's office, he would always outline both sides of the argument and give each without bias. he would tell you where he came down, but he always let you make your own judgment. that has propelled him to an extremely successful career that has made him qualified to become treasury secretary. he distinguished himself not only as a knowledgeable of the tax code in the federal budget, it also as an agile leader with a knack for operations. he rose to become a chief operating officer. in 1998, he was named director. when he left omb, it was the last time the federal government had a surplus. an unprecedented surplus of 236 billion dollars. it would not have happened without jack lew's leadership, knowledge, and expertise. in 2009, he answered the call to public service. he returned to d.c. to become deputy sec
there is no straighter shooter than jack lew. he is one of the most honorable, honest, and decent men in washington. when he gives you facts, they are backed up with research. from the time i knew jack when he started in tip o'neill's office, he would always outline both sides of the argument and give each without bias. he would tell you where he came down, but he always let you make your own judgment. that has propelled him to an extremely successful career that has made him qualified to...
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bottom line, twice director of the omb, jack lew is qualified to be treasury secretary. he will be confirmed. but we should look and see deeper beyond this and talk about why is there social and class warfare rhetoric coming from the democrats, and is it necessary? i think the situation shows that it's absolutely not. and they're going back in their faces. >> never afraid to make his views. boris epstein there joining us, again, political columnist for usnews.com. thank you very much. >>> comcast purchases the rest of nbc well ahead of schedule. snapping up the iconic "30 rock" headquarters, as well. >> yep. >> we'll discuss the surprise deal when we come back. ♪ [ engine turns over ] [ male announcer ] we created the luxury crossover and kept turning the page, writing the next chapter for the rx and lexus. this is the pursuit of perfection. i'm glad we got cdw and cisco to design our data center. yeah, the cisco ucsc series server, with the intel xeon processors, help us scale smoothly, like a perfect golf swing. how was it before? clunky and full of unnecessary imped
bottom line, twice director of the omb, jack lew is qualified to be treasury secretary. he will be confirmed. but we should look and see deeper beyond this and talk about why is there social and class warfare rhetoric coming from the democrats, and is it necessary? i think the situation shows that it's absolutely not. and they're going back in their faces. >> never afraid to make his views. boris epstein there joining us, again, political columnist for usnews.com. thank you very much....
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up next is the confirmation hearing for jack lew to be treasury secretary. the former white house chief of staff testified before the finance committee wednesday where he was repeatedly questioned by senators about his tenure at citigroup and his cayman islands investment to get the committee is chaired by montana democratic senator max baucus and it is three hours and 20 minutes. >> [inaudible conversations] [inaudible conversations] [inaudible conversations] >> the hearing will come to order the >> before we begin this morning i want to recognize the six members to the senate finance committee. senator sherrod brown, senator michael benet, senator pat to me, senator robert portman and john isaacs and and senator bob casey. welcome to you all. >> we are honored to have you. i think he will find the tradition of this committee i mentioned john isaacs and i think, this committee is one that is very proud to work together and i'm very happy you are here with us to help move that tradition forward even faster. dewaal talented members and we appreciate your atte
up next is the confirmation hearing for jack lew to be treasury secretary. the former white house chief of staff testified before the finance committee wednesday where he was repeatedly questioned by senators about his tenure at citigroup and his cayman islands investment to get the committee is chaired by montana democratic senator max baucus and it is three hours and 20 minutes. >> [inaudible conversations] [inaudible conversations] [inaudible conversations] >> the hearing will...
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Feb 11, 2013
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all right. >>> a senate panel is expected to grill jack lew on his nomination hearing to be the next treasury secretary. republicans will ask him about a nearly $1 million he received from citigroup before the bank got a tax bailout. despite criticism, lew is expected to win the confirmation hearing. >>> apple. i like the idea of a watch with the features of a smartphone. "the wall street journal" says apple has discussed such a major project. anything can be used to test mobile phones. >> you can probably wear one as a necklace, too. there are all sorts of options. >> it's like a square bracelet. >> if it's not big, though, it will look so goofy. like i have one of those shuffles. it's about maybe an inch square, maybe. or is that complete ly -- earlir on the show, we asked, would you lie an i watch? it might have some possibilities. jet tweeted saying an apple iwrist device sounds sick is him lar to an old dick tracy cartoon wrist radio-tv device. >> maybe it will help them protect margins if they're moving into lower cost products. >> john, what did he say? >> he says he'll buy on
all right. >>> a senate panel is expected to grill jack lew on his nomination hearing to be the next treasury secretary. republicans will ask him about a nearly $1 million he received from citigroup before the bank got a tax bailout. despite criticism, lew is expected to win the confirmation hearing. >>> apple. i like the idea of a watch with the features of a smartphone. "the wall street journal" says apple has discussed such a major project. anything can be used to...
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Feb 18, 2013
02/13
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it's good that jack lew says he's goinged too something about it. you got to remember that timothy geithner, now treasury secretary, in his confirmation hearings, talked about china's currency, and he did nothing. president obama as a candidate in 2007 talk about this. he did nothing in the first term. >> what can they do? the chinese say, that's great, and they carry on doing what they are doing. >> last year, china's trade surplus against the united states was 136.3% of the overall trade surplus giving us leverage. that number is based on china's official export numbers. it's probably a lot higher because china fiddles with export numbers. so, you know, right now, we have enormous amounts of leverage, but only if we care to use it. the problem is this administration believes we can't do anything so it's not doing anything. if you have that mind set, you won't do anything effective. >> all right, leaving it on that strong message. thank you so much for being here. >> thank you, ashley. >> now we have a fox business exclusive on a union fight for yo
it's good that jack lew says he's goinged too something about it. you got to remember that timothy geithner, now treasury secretary, in his confirmation hearings, talked about china's currency, and he did nothing. president obama as a candidate in 2007 talk about this. he did nothing in the first term. >> what can they do? the chinese say, that's great, and they carry on doing what they are doing. >> last year, china's trade surplus against the united states was 136.3% of the...
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lew's con fir make. they note he has been confirmed by the united state senate to posts before. this time he wants to be the next treasury secretary and here now is mr. lu making his pitch? we must mutt our nation back on a path of fiscal sustainability. we have locked in $2.5 trillion through sending cuts and revenue reductions. w >> reporter: republicans have focused a great deal of time and energy on lew's time in the private sect with citigroup from 2002 to 2009. that includes lew serving as chief operating officer of citigroup alternative investments. earlier lew faced heat for a big bonus he received. >> one day later you received a bonus from city group for over 900 and $40,000 for your work as chief operating officer on the alternative investment unit which was responsible for much of the loss. were you aware that citigroup was about to receive a multibillion-dollar federal guarantee when you accepted your bone us? >> senator, i was aware. >> reporter: there has also been heart burn among republi
lew's con fir make. they note he has been confirmed by the united state senate to posts before. this time he wants to be the next treasury secretary and here now is mr. lu making his pitch? we must mutt our nation back on a path of fiscal sustainability. we have locked in $2.5 trillion through sending cuts and revenue reductions. w >> reporter: republicans have focused a great deal of time and energy on lew's time in the private sect with citigroup from 2002 to 2009. that includes lew...
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that includes chuck hagel, john brennan to be cia director and jack lew as treasury secretary. chief political correspondent carl cameron is live in washington with a look how this whole process is going. carl? >> reporter: hi, jon. well president obama is actually sort of behind the pace that his two predecessors set. george w. bush had his entire new second term cabinet in place in the first week of february. and bill clinton back in 1997 had his whole team in place by the end of january. he was inaugurated and they were all virtually confirmed in a block. the president is running behind. mr. hagel and brennan face some very, very tough confirmation hearings. in fact though mr. hagel's nomination to be the defense secretary will go before the armed services committee tomorrow for a vote it could be held up. john mccain, excuse me, senator lindsey graham, the republican senator from south carolina, has said he could put holds on both of senatorial privilege. unofficial and informal way of soing things dead in their tracks. he says both brennan as well as mr. hagel have not com
that includes chuck hagel, john brennan to be cia director and jack lew as treasury secretary. chief political correspondent carl cameron is live in washington with a look how this whole process is going. carl? >> reporter: hi, jon. well president obama is actually sort of behind the pace that his two predecessors set. george w. bush had his entire new second term cabinet in place in the first week of february. and bill clinton back in 1997 had his whole team in place by the end of...
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that had a big corporate bailout and he too, jack lew invested in the cayman islands. tph-fbg, he invested -- in fact, he invested $56,000 of his money in a building that during the campaign barack obama referred to as the largest tax scam in the world. it was a little uncomfortable for mr. lew regarding that yesterday. >>brian: he was uncomfortable all day. he had no answers to any questions. controversial statements in 2011 about not raising the debt and of course it's gone through the roof. then this problem with the cayman islands account which of course he's not responsible for. have you ever seen more people not responsible for things that they are responsible for, except for washington? especially this guy. can you imagine having $56,000 in a cayman islands account? i don't really do that. really? it actually got worse because he was chief of staff during the time in which benghazi went down on 9/11/2011. >>gretchen: the big question is what did the president know and when and how did he react and what was his leadership at that time. here's the exchange on beng
that had a big corporate bailout and he too, jack lew invested in the cayman islands. tph-fbg, he invested -- in fact, he invested $56,000 of his money in a building that during the campaign barack obama referred to as the largest tax scam in the world. it was a little uncomfortable for mr. lew regarding that yesterday. >>brian: he was uncomfortable all day. he had no answers to any questions. controversial statements in 2011 about not raising the debt and of course it's gone through the...
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Feb 19, 2013
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lew or -- >> it is remarkable that you have not talked to the president since the election. >> i do not think it is remarkable. these guys have a lot on their plate. >> if joe biden were president would we have had a grand bargain? >> who knows? if bill clinton were president, would we have had a grand bargain? we need a grand bargain and both parties need to move out of their comfort zones. >> let's talk about those two sides. we will start with what you are asking democrats to do -- and needs to be $600 billion in deficit reduction from health savings. the last offer from the white house was $400 billion. you say they need to do quite a bit more. >> they do need to do quite a bit more if we are going to slow the rate of the growth of health care. >> how do you convince them? they will argue that they have been aggressive. how will you convince them that that will not get the job done? >> we have to convince americans they need to do more on health care than they have been willing to do to date, and republicans have to do more on revenue than they have already done. >> specifically
lew or -- >> it is remarkable that you have not talked to the president since the election. >> i do not think it is remarkable. these guys have a lot on their plate. >> if joe biden were president would we have had a grand bargain? >> who knows? if bill clinton were president, would we have had a grand bargain? we need a grand bargain and both parties need to move out of their comfort zones. >> let's talk about those two sides. we will start with what you are...